Question:

Accounting please help?

by  |  earlier

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1. Periodic payments of $1,500 per month for services of H.Hey, who is the sole propritor of the company, are reported as withdrawals

Materiality, Economic entity, Representational faithfulness, or Historical Cost

2. An increase in net assets through the issuance of stock

Investment by owners, Owner's equity, Distributions to owners, or Revenues.

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1 ANSWERS


  1. 1. economic entity

    2. investment by owners

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